Petroleum prices head higher as inventories tighten further

Petroleum Prices Head Higher as Inventories Tighten Further

Petroleum prices edged higher this week. Crude oil peaked mid-week closing at $83.87 per barrel on the New York Mercantile Exchange on Wednesday but dropped back $2 to $81 during trading on Thursday. Gasoline prices followed the rally of crude oil increasing $0.072 per gallon over last week, according to…

Subscription Required

You must be a member to access this content.

View Subscriptions

Already a member? Log in here
Author Profile
Contributor

Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

Related posts